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elixir [45]
2 years ago
9

Maureen, the owner of a boutique, studies the spending pattern and consumer behavior of the people in the area in which her stor

e is located. She estimates the likely variations in demand and pricing and also keeps track of her competitors' sales. Which of the following concepts does this scenario best illustrate?
Business
1 answer:
babymother [125]2 years ago
8 0

Answer:Environmental Scanning

Explanation: Environmental Scanning is the process of acquiring information about trends, patterns, occasions and relationships related to a business' internal and external surroundings. The function of doing this is to confirm forecasts of internal and external elements that will affect a business' success. It also helps managers, such as Maureen, to identify threats and opportunities that are present in the environment. And in doing so Maureen is then able to decide the future path of her business.

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North america is about 80% urbanized. this mean that about 75% of north american
777dan777 [17]
<span>North america is about 80% urbanized. this mean that about 75% of north american people live in cities. also the population is very less compared to the land area. May be people would prefer to live in urban areas rather living in rural or forest areas. this condition is helpful in preserving forest and natural resources. the only problem is the quality of living in urban areas will be poor compared to rural areas.</span>
8 0
3 years ago
You are valuing an investment that will pay you $12,000 the first year, $14,000 the second year, $17,000 the third year, $19,000
Tasya [4]
Calculations go from year 1 to year 6, screen isn't big enough to show all calculations.

present worth is $76273.60

4 0
3 years ago
g For this question, ignore inflation. Suppose Jenny earns $60,000 per year working as a tax analyst. After ten years, she quits
arsen [322]

Answer:

If Jenny doesn’t earn any interest on her savings and wants to perfectly smooth consumption across her life, how much will she consume every year?

Jenny's total income during her life = income as tax analyst ($60,000 x 10) + income as PhD student ($12,000 x 5) + income as Art Director (35 x $95,000) = $3,985,000

she generated income during 50 years and expects to live 20 more, so in order to perfectly smooth consumption across her life, she must divide her total life income by 70 years = $3,985,000 / 70 years = $56,928.57 per year

What might prevent her from perfectly smoothing consumption?

First of all, besides inflation, you also earn interest on your savings. That is why 401k and other retirement accounts work so well (the magic of compound interest). Even if inflation and interests didn't exist, you cannot know exactly what you are going to earn in the future and for how many years. In this case, she earned $60,000 for 10 years, but then earned only $12,000 during 5 years. If she really wanted to smooth her consumption, she would have needed to get a loan because her savings during the first 10 years wouldn't be enough.

4 0
2 years ago
Patrick has a written independent contractor agreement with his broker Tami. Last year, about 25% of his income came from sales
melomori [17]

Answer:

The correct answer here is C) an employee .

Explanation:

Even though Patrick has written independent contract agreement with his broker, he will be considered an employee not independent contractor because Patrick is earning 75% of his total income from his broker on a hourly wage and that is paid to him on normal pay date , while the independent contractors are paid when the accounts payable receives the invoice, usually independent contractors are paid after the completion of task or at the end of a period.

7 0
3 years ago
Read 2 more answers
Zhao Co. has fixed costs of $286,200. Its single product sells for $163 per unit, and variable costs are $110 per unit. Compute
tia_tia [17]

Answer:

The level of sales in units is 7,400

Explanation:

The computation of the level of sales in units is shown below:

= (Fixed cost + target income) ÷ (Contribution margin per unit)

= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)

= $392,200 ÷ $53 per unit

= 7,400 units

The Contribution margin per unit is

= Selling price per unit - variable cost per unit

Henec, the level of sales in units is 7,400

7 0
3 years ago
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